# PPP loan: PROGRESSIVE PLUMBING AND PIPING INC
> **$945K** approved 04/08/2020 · Paid in Full · Loan `7948287004`
## Borrower
- **Name:** PROGRESSIVE PLUMBING AND PIPING INC
- **Address:** 110 FORTUNE WAY, RALEIGH, NC, 27617-1907
- **NAICS:** 238220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $945K
- **Initial approval:** $945K
- **Forgiven:** $964K (102%)
- **Forgiveness date:** 03/16/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $945K
- **Jobs reported:** 82
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*